Fuel retailers said pump prices would increase by P0.40 per liter of gasoline, P0.95 per liter of diesel, and P0.85 per liter of kerosene, effective on Tuesday (April 16). — REUTERSTHE DEPARTMENT of Energy (DoE) does not see a spike in pump prices amid concerns

RUDY DONG-UNSPLASHBy Ashley Erika O. Jose, ReporterA SURGE in demand during Holy Week and the start of the summer season likely boosted revenue growth for airline companies in the first quarter (Q1), according to analysts, but cautioned about potential challenges ahead due to rising jet

SAAVEDRA-LED Citicore Renewable Energy Corp. (CREC) has secured a financing deal with Rizal Commercial Banking Corp. (RCBC) totaling up to P20 billion to fund solar projects. The initial tranche of P9 billion was arranged by RCBC Capital Corp., CREC said in a statement on Monday.“The

ICTSI.COMTHE Philippine Ports Authority (PPA) has issued a notice to proceed to International Container Terminal Services, Inc. (ICTSI) for the rehabilitation and operation of the Visayas Container Terminal (VCT), formerly known as the Iloilo Commercial Port Complex in Western Visayas, the company said.The Razon-led port

By Sheldeen Joy Talavera, ReporterGOING public in the first half of 2024 may be challenging due to the uptick in inflation and hawkish policy stance from the central bank, analysts said.“We are now seeing volatility in equity markets due to stubborn inflation, a potential delay

UNSPLASHALTERNERGY Holdings Corp., through its subsidiary Alternergy Tanay Wind Corp. (ATWC), has signed an agreement with the National Grid Corporation of the Philippines (NGCP) to connect its 100-megawatt (MW) Tanay Wind Power Project in Rizal to the grid.“The ICA (interconnection agreement) signing for the Tanay

SAN MIGUEL Corp. (SMC) has signed the biggest syndicated dollar loan in Asia so far this year to refinance a similar borrowing facility due in December, according to people familiar with the matter. The conglomerate inked the $2-billion deal last week with 35 banks under which

SHAKEY'S PHILIPPINES FACEBOOK PAGELISTED food service company Shakey’s Pizza Asia Ventures, Inc. (SPAVI) said it aims to add at least 400 new stores and outlets across its brand portfolio this year.“We plan to expand our network footprint by at least 400 stores and outlets,” SPAVI

LOPEZ-LED First Gen Corp. has awarded a contract to Chinese company CNOOC Gas and Power Trading & Marketing Ltd. for supplying a liquefied natural gas (LNG) cargo.CNOOC will send one LNG cargo of approximately 130,000 cubic meters next month via a delivered ex-ship basis at

TAYLOR SWIFT’s music has resurfaced on ByteDance Ltd.’s TikTok despite an ongoing dispute between her record label and the social video platform. The timing coincides with the impending release of her newest album, The Tortured Poets Department, on April 19. Universal Music Group NV pulled music